HandySoft Appoints William J. Chatterton Vice President and Chief Financial Officer

Vienna, VA - July 05, 2005 - HandySoft Global Corporation, a leading provider of business process management (BPM) solutions, today announced that William J. Chatterton, Jr. has joined the company as Vice President and Chief Financial Officer. In this role, he will be responsible for managing the worldwide finance, information systems operations, sales operations and human resources functions at HandySoft.

Chatterton, who was most recently Treasurer at MicroStrategy Incorporated. (Nasdaq: MSTR), brings more than 15 years of experience in finance and administration to the company. At MicroStrategy, Chatterton – along with other senior financial team members, played a critical role in restructuring the company to achieve profitability.

"Chatterton brings to Handysoft a wealth of experience most recently demonstrated by his successes at MicroStrategy," said Stuart Claggett, chief operating officer of HandySoft Global. "I am confident his financial and business expertise will be invaluable in building a financial infrastructure which is flexible to meet the company's needs in a growing and changing business environment."

Prior to MicroStrategy, Chatterton served as Assistant Vice President & Assistant Treasurer, at Phillips International, Inc. He has also held various senior finance positions with The Fairchild Corporation, and Chevy Chase Federal Savings Bank. He holds an MBA in Corporate Finance from The American University, and a B.S from Elizabethtown College.

About HandySoft Global Corporation
HandySoft Global Corporation is the premier provider of configurable software solutions that simplify and automate business processes; capture and enforce best practices; improve productivity and quality while reducing costs; integrate information technology; and foster collaboration among employees, customers, and partners.

The foundation for HandySoft's industry and departmental solutions is BizFlow®, the award-winning platform for business process management, automated workflow, and collaboration. BizFlow offers complete capabilities for building and managing automated business processes, including tools for designing and monitoring the processes, presenting and accessing work, integrating existing IT systems, and administering the platform itself. As a global solutions provider, HandySoft has headquarters locations in Vienna (USA), Seoul (Korea) and London, UK, with strategic partner representation throughout the world. HandySoft has implemented business process management solutions at hundreds of sites worldwide. For more information call +1-703-442-5600, email info@handysoft.com or visit www.handysoft.com

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